Price for Turbines; Steam and Other Vapour Turbines in Qatar - 2024

Contents:

  1. Price for Turbines; Steam and Other Vapour Turbines in Qatar (CIF) - 2022
  2. Price for Turbines; Steam and Other Vapour Turbines in Qatar (FOB) - 2024
  3. Imports of Turbines; Steam and Other Vapour Turbines in Qatar
  4. Exports of Turbines; Steam and Other Vapour Turbines in Qatar

Price for Turbines; Steam and Other Vapour Turbines in Qatar (CIF) - 2022

The average import price for turbines; steam and other vapour turbineses stood at $1.7 thousand per unit in 2022, shrinking by -16.5% against the previous year. In general, the import price, however, recorded strong growth. The growth pace was the most rapid in 2018 an increase of 485%. As a result, import price reached the peak level of $3.7 thousand per unit. From 2019 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($104 thousand per unit), while the price for France ($2.2 thousand per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+93.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Turbines; Steam and Other Vapour Turbines in Qatar (FOB) - 2024

The average export price for turbines; steam and other vapour turbineses stood at $875K per unit in April 2024, which is down by -38.8% against the previous month. In general, the export price, however, recorded a strong expansion. The export price peaked at $8.7M per unit in September 2023; however, from October 2023 to April 2024, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Germany.

From May 2023 to April 2024, the rate of growth in terms of prices for Italy amounted to +18.0% per month.

Imports of Turbines; Steam and Other Vapour Turbines in Qatar

In 2022, approx. 4.1K units of turbines; steam and other vapour turbineses were imported into Qatar; almost unchanged from the year before. In general, imports, however, continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 73%. Imports peaked at 17K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of turbines; steam and other vapour turbineses fell notably to $6.9M in 2022. Overall, imports, however, saw a sharp curtailment. The smallest decline of -6.7% was in 2021. Imports peaked at $36M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Turbines; Steam and Other Vapour Turbines in Qatar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan3.83.32.92.5-13.0%
Italy2.50.30.51.9-8.7%
United States18.54.01.91.2-59.8%
Germany10.30.40.91.0-54.0%
France1.00.10.90.1-53.6%
CroatiaN/AN/A0.8N/A0%
Others0.10.60.20.226.0%
Total36.38.88.26.9-42.5%

Top Suppliers of Turbines; Steam and Other Vapour Turbines to Qatar in 2022:

  1. Japan (661.0 units)
  2. United States (352.0 units)
  3. Italy (348.0 units)
  4. France (26.0 units)
  5. Germany (10.0 units)

Exports of Turbines; Steam and Other Vapour Turbines in Qatar

In 2022, the amount of turbines; steam and other vapour turbineses exported from Qatar surged to 57 units, growing by 235% on 2021 figures. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 7,860% against the previous year. As a result, the exports attained the peak of 398 units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of turbines; steam and other vapour turbineses soared to $1.9M in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Turbines; Steam and Other Vapour Turbines in Qatar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany50.650.6N/A1,834230.9%
Saudi ArabiaN/AN/AN/A38.90%
Japan119N/AN/AN/A0%
OmanN/A690122N/A-82.3%
Others22.8597108N/A117.6%
Total1931,3382291,873113.3%

Top Export Markets for Turbines; Steam and Other Vapour Turbines from Qatar in 2022:

  1. Germany (45.0 units)
  2. Saudi Arabia (12.0 units)

Source: IndexBox Market Intelligence Platform

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